minimax

42 ms·

391.
by minimax 13y ago
Just to clarify: you obviously don't need to be licensed to trade securities on your own behalf. Anyone can open up a retail account and trade. You do need a license to trade on behalf of other people (brokering), but I don't thin
392.
by minimax 13y ago
Are you saying it should be easier to start your own broker/dealer business? Or just that people ought to be able to take the series 7 without being sponsored in order to make themselves more hireable?
393.
by minimax 13y ago
My point was that governments should incentive competition between private companies rather than trying to provide services directly. Sorry if that wasn't clear.
394.
by minimax 13y ago
If you want to make Internet service a regulated monopoly or a municipality provided service, there will be no incentive to upgrade to new technology when it becomes available. That is the virtue of competition. Competitors can differentiat
395.
by minimax 13y ago
To follow up with your water analogy: we don't expect the water company to deliver 400x the water to our homes than we did 20 years ago, but that's exactly what we expect of our broadband providers. It's hard to imagine a sce
396.
by minimax 13y ago
In places like Austin where carriers have wasted money on xDSL deployments, they find they have to go to FTTH once a competitor goes to FTTH. Why? Since the running costs of FTTH are so low, an FTTH provider is the low cost provider and wi
397.
by minimax 13y ago
This is a great quote and I can hardly believe it's from 30 year ago: As Cablevision's Charles Dolan warns, "As an industry, it is really bad for us to have an articulated view that cable can operate successfully only...in a
398.
by minimax 13y ago
The title is sort of misleading. A municipality offering broadband service isn't really an economic actor since it can use tax receipts to subsidize the service. Offering a choice between service provided by local government and a priv
399.
by minimax 13y ago
In this case I don't think they are warning about format string vulnerabilities. The poster mentions sprintf (not printf) so presumably they are warning you about overflowing the destination buffer. I'm also having a super fun tim
400.
by minimax 13y ago
It’s similar to a collateralized loan. No shares are trading hands. It actually sounds kind of like a convertible bond that you might have in an early stage VC round, except that instead of the company issuing shares when the conversion h
401.
by minimax 13y ago
The mobi version looks great on my Kindle. This is awesome. Great work!
402.
by minimax 13y ago
I was recently in Detroit and was curious to see some of the neighborhoods where you can buy houses for $10-20k. Here are some pictures Those houses in the pictures are probably perfectly good houses. We have the same situation in certai
403.
by minimax 13y ago
I think your link and the actual SEC charges [1] are saying slightly different things. The portfolio backing the synthetic CDO was constructed by a Goldman client (Paulson and Co, a hedge fund) specifically so they (Paulson) could short it.
404.
by minimax 13y ago
I'm not sure they should even be allowed to bet against their clients, because it gives them all sorts of perverse incentives. You have to consider that when an investment bank sells you a structured product it then naturally has the
405.
by minimax 13y ago
grey-area's summary of the WSJ article isn't accurate. GS knowingly sold AIG junk CDOs days before the collapse GS didn't sell CDOs to AIG. GS didn't actually sell anything to AIG. GS bought insurance (in the form of c
406.
by minimax 13y ago
Something something time value of money something. I'm not really sure. I was just pointing out a feature of the sale prices. I was only eyeballing at that...
407.
by minimax 13y ago
It looks like Starbucks gift cards sell for a roughly 20% discount on eBay†. The discount seems to be proportionally higher for higher value cards (who really wants a $400 Starbucks card?). So I guess you get a better deal buying cards on
408.
by minimax 13y ago
The main difference between a futures contract and equity ownership is the fact that a futures contract has a limited window of availability by virtue of the expiration date. There are many more differences between futures and equities, b
409.
A Suspect Emerges in Stock-Trade Hiccups: Regulation NMS(online.wsj.com)
1 points by minimax 13y ago|1 comments
410.
by minimax 13y ago
If anything that is just evidence of how thinly traded and amateurish these "markets" are.
411.
by minimax 13y ago
He is a retail trader. He's going to have to have a margin balance larger than "almost zero" to put together whatever sort of position you have in mind unless you're just talking about buying far out of the money puts.
412.
by minimax 13y ago
Western governments are the oppressive governments. If you think Western governments are the oppressive ones, what do you think about the governments of China, Russia, and Iran?
413.
by minimax 13y ago
My point was that revealing CI techniques empowers terrorists, which tends to be a bad thing for (potential) victims of terrorism.
414.
by minimax 13y ago
short a low beta stock, hedge that position, short the higher beta stock, and hedge that position. That just sounds like gibberish TBH...
415.
by minimax 13y ago
The people who are harmed by making this information public is not the U.S. government. Think it through. Who wins by knowing how the US government conducts targeted counterintelligence operations? That will be primarily terrorists, organiz
416.
by minimax 13y ago
Yeah but you can't short anything without a margin balance. So for a retail account you need something like $100 in margin balance for every $300 of the short position. You can't open a trading account with zero balance and just s
417.
by minimax 13y ago
Exploiting phone information and location is a high-priority effort for the intelligence agencies, as terrorists and other intelligence targets make substantial use of phones in planning and carrying out their activities, for example by us
418.
Ignorance, Convergence, Tech and Disruption(ben-evans.com)
4 points by minimax 13y ago|0 comments
419.
by minimax 13y ago
Some of the people at Comcast involved with relaunching Everyblock are speaking at the OpenGovChicago meetup tonight. I think there will be a live stream for anyone who is interested but can't go to the meetup. http://www.me
420.
by minimax 13y ago
Thanks!

More ›